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Neoga council approves 24‑month municipal electric contract with Direct Energy at $0.08370/kWh
Summary
The Neoga City Council voted 5-0 to enter a 24‑month electricity contract with Direct Energy at a rate of $0.08370 per kWh after reviewing competitive offers and a warning that Ameren’s municipal rate is currently about $0.095 and may rise June 1.
The Neoga City Council voted unanimously to sign a 24‑month municipal electricity contract with Direct Energy at a rate of $0.08370 per kilowatt‑hour.
Rob Wielt, the electric supplier representative who presented updated quotes, told the council that “Ameren is currently charging .095 per kWh and is expected to have another increase June 1st.” After comparing offers from Constellation, Direct Energy, and Homefield, Wielt “recommended that the city go with Direct Energy,” and the council’s motion to accept a 24‑month Direct Energy proposal at .08370 per kWh carried 5-0.
Council members said the decision aimed to lock in a lower rate ahead of the expected increase. The motion to sign the agreement was made by Commissioner Letizia and seconded by Commissioner Edwards; the vote record in the minutes shows unanimous approval by Commissioners Letizia, Williams, Schabbing, Edwards and Mayor Helm.
The minutes list the supplier representative with two variant spellings in attendance and the presentation: “Rob Wielt” in the presentation text and “Rob Welt” in the attendance list. The council recorded the selected rate and contract length but minutes do not include the text of the contract or the expected start date beyond noting the current AEP contract will expire in April 2025.
